The Affordable Care Act requires applicable large employers to file:
· Form 1094-C, Transmittal of Employer-Provided Health Insurance Offer and Coverage Information Returns
· Form 1095-C, Employer-Provided Health Insurance Offer and Coverage
Here are eight basic facts for employers:
· The due date for furnishing these forms is extended.
o The due date for furnishing the 2015 Form 1095-B and the 2015 Form 1095-C to the insured and employees is extended from February 1, 2016, to March 31, 2016.
o The due date for health coverage providers and employers furnishing the 2015 Form 1094-B and the 2015 Form 1094-C to the IRS is extended from February 29, 2016, to May 31, 2016 if not filing electronically.